Sentences with phrase «lender under the line»
In addition, Lender shall have what is known as a right of set - off to protect Lender if You do not repay amounts owed Lender under the Line of Credit.
https://www.firstib.com/ Not exact matches
Under the revised policy, if you're selling your home and you have a $ 150,000 balance left on your FHA loan, the lender will have to stop charging you interest on the date of the closing, not compute the interest charges that would be due through the end of the month and roll them into your bottom line.
Agreements generally will permit the lender to freeze or reduce your credit line under certain circumstances.
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The policy requires most lenders and insurers to qualify the borrower under the Bank of Canada Benchmark rate for any mortgage / line of credit that is either a VRM or any fixed term of less than five years.
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Under OSFI's new mortgage stress test, it will be tougher to qualify for a home equity line of credit (HELOC) with lenders.
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PROMISE TO PAY: You promise to pay to Lender all amounts borrowed under the Line of Credit, plus any finance charges, late charges, collection costs, or other amounts due.
Lender is authorized to make loans to You from time to time, without your prior request, at Lender's sole discretion, (i) to pay account fees and other proper charges related to the Checking Account and (ii) to pay amounts then due under the Line of Credit.
Under the new legislation credit card lenders must get a cosigner if they issue a card to someone under 21 or must verify the ability of the person to repay the credit Under the new legislation credit card lenders must get a cosigner if they issue a card to someone under 21 or must verify the ability of the person to repay the credit under 21 or must verify the ability of the person to repay the credit line.
Once you are under contract, your lender will send out an appraiser to make sure the purchase price is in line with the property's value.
Once you are under contract, the buyer's lender will send out an appraiser to make sure the purchase price is in line with the property's value.
Operationally, Vantage believes that the wholesale origination channel with lender comparison is the only channel (if operated properly under current regulatory requirements) in which the consumer is not steered toward temporary lines of credit rather than lender comparison prior to loan sale.